SEC Form 4 · accession 0001209191-18-007075

M&T BANK CORP · MTB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President & COO · Director

Period of report

Jan 31, 2018

Accepted (ET)

Feb 2, 2018 · 5:25 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000036270

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F2,F1	Jan 31, 2018	A	2,140	$0.00	A	44,888	D
Common Stock	Jan 31, 2018	F	1,048	$190.78	D	43,840	D
Common Stock	Feb 1, 2018	S	4,904	$191.50	D	38,936	D
Common Stock^F4	holding	—	—		—	2	D
Common Stock^F5	holding	—	—		—	17	I	By Son

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option (right to buy)^F7,F6	$190.78	Jan 31, 2018	A	10,062	A	—	Jan 31, 2028	Common Stock	10,062	10,062	D

F1Shares issued pursuant to vesting of performance-based restricted stock units that were granted to the reporting person on January 31, 2017, upon achievement of performance goals under the 2009 M&T Bank Corporation Equity Incentive Compensation Plan.
F2The performance-based restricted stock units were granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the performance-based restricted stock units.
F3Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person.
F4Jointly owned.
F5These shares are owned by the son of the reporting person through a custodial account under the Uniform Transfers to Minors Act for which the reporting person is custodian.
F6The option granted included a total of 10,062 shares. 3,354 of the shares are exercisable on or after January 31, 2019; an additional 3,354 shares are exercisable on or after January 31, 2020; and the remaining 3,354 shares are exercisable on or after January 29, 2021.
F7The option was granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the option.